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Real estate transactions across Europe

Real estate transactions across Europe

Real Estate owners, investors, Asset and Property Managers today have a global and European focus when it comes to real estate investments. Being confronted with different legal and tax systems a short practical overview can be helpful for those who are trying to find their way in the different European ... Read More »

Environmental insurance: What to consider before buying

Environmental insurance: What to consider before buying

Before investing in commercial real estate, parties should be aware of potential environmental liabilities and should carefully consider options for minimizing their exposure to such liabilities. One approach for minimizing environmental liability exposure is to obtain environmental insurance. Although environmental insurance does not eliminate the statutory liability of owners and ... Read More »

The Bestellerprinzip (Whoever commissions somebody must also pay)

The Bestellerprinzip (Whoever commissions somebody must also pay)

The amendment to § 2 of the German Housing Agency Laws (WoVermittG) was introduced on June 1, 2015. The following basic principle that now applies is that the person who hires the realtor must also pay the realtor’s commission. This law applies only to brokering rental contracts for apartments. The ... Read More »

Means of protection against the wrong entry into the Czech Land Registry

Means of protection against the wrong entry into the Czech Land Registry

If the entry made in the Land Registry does not reflect the actual legal status, e.g. an incorrect property owner is registered, it is possible to: Request the competent Land Registry to remedy the situation – deletion of the entry, Apply with the competent Land Registry for the registration of ... Read More »

Bidder in online auction not bound by error for now

Bidder in online auction not bound by error for now

On 25 June 2014 the forced sale of a business premises took place online with an ascending-bid session and descending-price session. After the starting bid had been set at € 514,000.00, the descending-price session took place, during which X agreed to the bid of € 550,000.00. Only after this did ... Read More »

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